Investing 102

[captainofiron]

So the Baird people called me and were all ready to set up the rollover and IRA and were really pushing the mutual funds

I told them what I learned here that I was thinking that the funds work more for the benefit of the fund managers, and I was thinking more about stocks. They didnt agree.

I also asked about why they suggested mutual funds as a good thing for a younger person

the only thing they could answer was because I didnt have a lot of capital to invest so mutual fund would be better.

Basically my old 401k is 20k, I was looking at GregWelds suggestion (https://lateral-g.net/forums/show...&postcount=380)

I was thinking to do something similiar

suggestions on my thought process?